Marriott Vacations Worldwide Corp

Find Ratings Reports
VAC : NYSE : Services
$120.06 | %
Today's Range: 118.25 - 120.41
Avg. Daily Volume: 262400.0
06/23/17 - 4:06 PM ET

Financial Analysis


MARRIOTT VACATIONS WORLDWIDE's gross profit margin for the first quarter of its fiscal year 2017 is essentially unchanged when compared to the same period a year ago. The company managed to grow both sales and net income at a faster pace than the average competitor in its industry this quarter as compared to the same quarter a year ago.

During the same period, stockholders' equity ("net worth") has remained virtually unchanged only decreasing by 2.58% from the same quarter last year.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. To learn more visit www.TheStreetRatings.com.



Income Statement Q1 FY17 Q1 FY16
Net Sales ($mil)487.49419.17
EBITDA ($mil)64.6954.87
EBIT ($mil)59.549.74
Net Income ($mil)33.724.41


Balance Sheet Q1 FY17 Q1 FY16
Cash & Equiv. ($mil)165.87161.87
Total Assets ($mil)2346.172330.79
Total Debt ($mil)683.77689.23
Equity ($mil)933.25958.06


Profitability Q1 FY17 Q1 FY16
Gross Profit Margin39.5737.85
EBITDA Margin13.2713.08
Operating Margin12.2111.87
Sales Turnover0.80.77
Return on Assets6.254.85
Return on Equity15.7111.81
Debt Q1 FY17 Q1 FY16
Current Ratio0.00.0
Debt/Capital0.420.42
Interest Expense6.727.34
Interest Coverage8.866.77


Share Data Q1 FY17 Q1 FY16
Shares outstanding (mil)27.1528.39
Div / share0.350.3
EPS1.210.82
Book value / share34.3833.74
Institutional Own % n/a n/a
Avg Daily Volume253882.0224014.0

Valuation


BUY. The current P/E ratio indicates a significant discount compared to an average of 38.60 for the Hotels, Restaurants & Leisure industry and a discount compared to the S&P 500 average of 25.73. Conducting a second comparison, its price-to-book ratio of 3.60 indicates a premium versus the S&P 500 average of 3.08 and a significant discount versus the industry average of 11.07. The price-to-sales ratio is below the S&P 500 average and is well below the industry average, indicating a discount. Upon assessment of these and other key valuation criteria, MARRIOTT VACATIONS WORLDWIDE proves to trade at a discount to investment alternatives within the industry.


Price/Earnings
1 2 3 4 5
premium   discount
  Price/Cash Flow
1 2 3 4 5
premium   discount
VAC 23.62 Peers 38.60   VAC 18.95 Peers 19.95

Discount. A lower P/E ratio than its peers can signify a less expensive stock or lower growth expectations.

VAC is trading at a significant discount to its peers.

 

Average. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.

VAC is trading at a valuation on par to its peers.

 
Price/Projected
Earnings
1 2 3 4 5
premium   discount
  Price to
Earnings/Growth
1 2 3 4 5
premium   discount
VAC 21.56 Peers 25.86   VAC 2.65 Peers 1.70

Average. An average price-to-projected earnings ratio can signify an industry neutral stock price and average future growth expectations.

VAC is trading at a valuation on par with its peers.

 

Premium. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.

VAC trades at a significant premium to its peers.

 
Price/Book
1 2 3 4 5
premium   discount
  Earnings Growth
1 2 3 4 5
lower   higher
VAC 3.60 Peers 11.07   VAC 45.15 Peers 113.11

Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.

VAC is trading at a significant discount to its peers.

 

Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.

However, VAC is expected to significantly trail its peers on the basis of its earnings growth rate.

 
Price/Sales
1 2 3 4 5
premium   discount
  Sales Growth
1 2 3 4 5
premium   discount
VAC 1.79 Peers 3.42   VAC 4.95 Peers 4.02

Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.

VAC is trading at a significant discount to its industry on this measurement.

 

Higher. A sales growth rate that exceeds the industry implies that a company is gaining market share.

VAC has a sales growth rate that exceeds its peers.

 

 

Latest Stock Upgrades/Downgrades